Tax Credit for Worker Retraining Act of 1996

Summary

Tax Credit for Worker Retraining Act of 1996 - Amends the Internal Revenue Code to establish a worker retraining increase credit for an employer equal to the excess (if any) of: (1) the qualified worker retraining expenses incurred by the employer for a year; over (2) the average of such expenses incurred by the employer in each of the three preceding years. Provides that in no event shall the amount determined under clause (2) be treated as less than 50 percent of the amount determined under clause (1).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 February 1996

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 February 1996

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 29 February 1996

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.